Stillwater007
Recycles dryer sheets
- Joined
- Dec 30, 2020
- Messages
- 68
I could use some advice on a proper asset allocation for my situation.
What should my Asset Allocations for Stocks/Bonds be my Pension will cover most if, not all of my expenses.
I am fortunate to be receiving a Pension when I retire in about 7-8 years.
My plan once I retire is to live overseas with a lower cost of living. I am hopeful that my Pension alone will be able to cover most, if not all of my normal monthly expenses.
Of course, I know life can throw curveballs, so it would be nice to have savings and/or an income stream to help with the occasional travel and flying to see my kids and having something left to pass on to my 2 kids.
Also, my Pension will be set, but it's supposed to receive a bump every several years. Still, I am not confident that it can consistently keep up with Inflation.
Where would you invest? 100% stocks? I also use Vanguard and I prefer Index Funds and even an Active Mutual Fund if it's worth it. Would VTSAX be a simple set and hold? Would something like VDIGX and VTSAX be advantageous?
And if so, for how long should I keep the aggressive approach?
Thank you for your advice in advance.
What should my Asset Allocations for Stocks/Bonds be my Pension will cover most if, not all of my expenses.
I am fortunate to be receiving a Pension when I retire in about 7-8 years.
My plan once I retire is to live overseas with a lower cost of living. I am hopeful that my Pension alone will be able to cover most, if not all of my normal monthly expenses.
Of course, I know life can throw curveballs, so it would be nice to have savings and/or an income stream to help with the occasional travel and flying to see my kids and having something left to pass on to my 2 kids.
Also, my Pension will be set, but it's supposed to receive a bump every several years. Still, I am not confident that it can consistently keep up with Inflation.
Where would you invest? 100% stocks? I also use Vanguard and I prefer Index Funds and even an Active Mutual Fund if it's worth it. Would VTSAX be a simple set and hold? Would something like VDIGX and VTSAX be advantageous?
And if so, for how long should I keep the aggressive approach?
Thank you for your advice in advance.